Kistler Tiffany Companies LLC boosted its holdings in Comcast Co. (NASDAQ:CMCSA) by 28.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,661 shares of the cable giant’s stock after purchasing an additional 3,481 shares during the quarter. Kistler Tiffany Companies LLC’s holdings in Comcast were worth $627,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its stake in Comcast by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 316,845,966 shares of the cable giant’s stock worth $12,331,646,000 after buying an additional 8,677,771 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Comcast by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 57,003,759 shares of the cable giant’s stock worth $2,218,587,000 after buying an additional 680,012 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Comcast by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 53,054,928 shares of the cable giant’s stock worth $2,041,312,000 after buying an additional 432,491 shares in the last quarter. Capital International Investors grew its position in shares of Comcast by 23.3% during the third quarter. Capital International Investors now owns 34,256,110 shares of the cable giant’s stock valued at $1,318,175,000 after purchasing an additional 6,467,802 shares in the last quarter. Finally, Veritas Asset Management LLP grew its position in shares of Comcast by 3.7% during the third quarter. Veritas Asset Management LLP now owns 33,195,373 shares of the cable giant’s stock valued at $1,277,358,000 after purchasing an additional 1,189,200 shares in the last quarter. Institutional investors and hedge funds own 82.52% of the company’s stock.

Comcast Co. (NASDAQ CMCSA) opened at $38.54 on Tuesday. The company has a market capitalization of $179,138.63, a PE ratio of 18.72, a P/E/G ratio of 1.48 and a beta of 1.04. Comcast Co. has a 12-month low of $34.78 and a 12-month high of $44.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.74 and a quick ratio of 0.74.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Wednesday, January 24th. The cable giant reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.02. The company had revenue of $21.92 billion during the quarter, compared to analyst estimates of $21.83 billion. Comcast had a return on equity of 16.47% and a net margin of 26.87%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.89 earnings per share. analysts expect that Comcast Co. will post 2.46 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Wednesday, April 4th will be given a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, April 3rd. This represents a $0.76 annualized dividend and a yield of 1.97%. This is a positive change from Comcast’s previous quarterly dividend of $0.16. Comcast’s dividend payout ratio (DPR) is currently 13.21%.

A number of research analysts have recently weighed in on the company. Guggenheim raised their price objective on Comcast from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, January 26th. SunTrust Banks raised their price objective on Comcast to $50.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. TD Securities raised their price objective on Comcast from $51.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Bank of America raised their price objective on Comcast from $50.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Finally, Wells Fargo & Co raised their price objective on Comcast from $49.00 to $50.00 and gave the company an “outperform” rating in a research report on Thursday, January 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-four have given a buy rating to the company’s stock. Comcast presently has a consensus rating of “Buy” and a consensus target price of $47.74.

In other Comcast news, EVP Stephen B. Burke sold 190,756 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $42.51, for a total value of $8,109,037.56. Following the completion of the sale, the executive vice president now owns 1,214,811 shares of the company’s stock, valued at $51,641,615.61. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Brian L. Roberts sold 583,835 shares of the firm’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $38.67, for a total transaction of $22,576,899.45. Following the completion of the sale, the chairman now directly owns 1,711,798 shares of the company’s stock, valued at approximately $66,195,228.66. The disclosure for this sale can be found here. In the last quarter, insiders sold 784,158 shares of company stock valued at $31,070,439. 1.28% of the stock is currently owned by company insiders.

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About Comcast

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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